1121 Montclair Drive, Wilmington, NC 28403

$1,600,000
Property Type: Land Lot Size (sq. ft.): 111,949 Status: Pending
Current Price: $1,600,000 List Date: 11/07/2025 Last Modified: 11/07/2025

Description

Located in the heart of Wilmington comes a rare development opportunity. Right next to Molly Pitcher's off Wrightsville Ave. is 2.57 acres that has been rezoned and approved for 10 single family homes, with 7 of them having the ability to have ADU's. Horizontal Construction is basically complete, and final plat will be recorded prior to the sale.

More Information MLS# 100540229

Contract Info

Delayed Marketing?: No Sub-Type: Residential Land List Price/Acre: 622568.09 Stipulation of Sale: Standard Status: Pending Marketing Start Date: 2025-11-04 Listing Price: 1600000 Current Price: $1,600,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 1121 Street Name: Montclair Street Suffix: Drive County: New Hanover State/Province: NC Zip Code: 28403 Subdivision: Not In Subdivision Geo Lat: 34.217891 Geo Lon: -77.893117

Remarks and Showing

Sign on Property: No Directions to Property: From College Rd and Wrightsville Ave, head towards Downtown Wilmington on Wrightsville Ave. Property will be your right just before Molly Pitcher's Restaurant.

Property Exterior Info

Acres - Total: 2.57 Lot SqFt: 111949 Deed Restriction: No Waterfront: No Total Road Frontage: 0 Waterview: No Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 110100 Deed Book: 6550 Deed Page: 2945 Legal: LOTS 40/41 IDLEWILD S/D Broker Owner: No PID: R05514-007-007-000 Tax Identifier: R05514-007-007-000 Plat Book: 0 Plat Page: 0 Total Real Estate Property Taxes: 647.94 Special Assessments: None Tax Year: 2025 Zoning: R-5 HOA: No Cobra Zone: No Elementary School: Winter Park Middle School: Williston High School: Hoggard

Current Use

Residential: 1 Single Family: 1

Bldgs on Property

None: 1

Soil Evaluation

Soil Evaluation - Yes: 1

Topography

Cleared: 1

Terms

Cash: 1 Conventional: 1 Will Not Divide: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Development: 1

Road Type/Frontage

See Remarks: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Status Change Info

Under Contract Date: 2025-11-05

Property Features

Current Use: Residential; Single Family Bldgs on Property: None Soil Evaluation: Soil Evaluation - Yes Topography: Cleared Fuel Tank: None Environmental Hazard: Unknown Lot Description: Development Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Will Not Divide
Listing Office: Howard Hanna Allen Tate|Horizon Realty Group
IDX
Last Updated: November - 07 - 2025
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